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The Indian Railway Catering and Tourism Corporation (IRCTC) launched its own digital payment aggregator system, ________.
- a)ePay
- b)RailPay
- c)EasyPay
- d)iPay
Correct answer is option 'D'. Can you explain this answer?
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Verified Answer
The Indian Railway Catering and Tourism Corporation (IRCTC) launched i...
- The Indian Railway Catering and Tourism Corporation (IRCTC) launched its own payment aggregator system, iPay.
- It will provide an improved online digital payment convenience and ease of doing business to the passengers availing online travel services through the IRCTC website.
- This will help reduce the gap between IRCTC and banks which will lead to a substantial reduction in payment failures.
Most Upvoted Answer
The Indian Railway Catering and Tourism Corporation (IRCTC) launched i...
IRCTC's Digital Payment Aggregator System - iPay
IRCTC has launched its own digital payment aggregator system named iPay. This system will allow passengers to book tickets, pay for meals and services through IRCTC's website and mobile app. The system is developed by the IRCTC in partnership with three banks- the State Bank of India, the Union Bank of India and the Axis Bank.
Features of iPay
Here are some of the features of IRCTC's digital payment aggregator system - iPay:
1. Secure and faster payment method: iPay is a secure and faster payment method that eliminates the need for third-party payment gateways.
2. Multiple payment options: iPay offers multiple payment options, including credit card, debit card, UPI, and net banking.
3. User-friendly interface: The system has a user-friendly interface that makes it easy for users to navigate through the payment process.
4. Ease of use: iPay is integrated with IRCTC's e-ticketing website and mobile app, which makes it easy for users to make payments.
5. No transaction charges: The system is free of transaction charges, which means users can make payments without any additional cost.
6. Faster refunds: In case of any cancellations, refunds will be processed faster through iPay.
Benefits of iPay
Here are some of the benefits of using IRCTC's digital payment aggregator system - iPay:
1. Hassle-free payments: iPay provides a hassle-free payment experience to users, eliminating the need for multiple payment gateways.
2. Secure transactions: The system ensures secure transactions, keeping users' data safe.
3. Faster refunds: In case of any cancellations, refunds will be processed faster through iPay.
4. Multiple payment options: The system offers multiple payment options, making it easier for users to make payments.
Conclusion
IRCTC's digital payment aggregator system - iPay is a secure, faster and user-friendly payment method that offers multiple payment options. It is integrated with IRCTC's e-ticketing website and mobile app, making it easier for users to make payments. The system is free of transaction charges and provides faster refunds in case of any cancellations. Overall, iPay is a great initiative by IRCTC to provide a hassle-free payment experience to its users.
IRCTC has launched its own digital payment aggregator system named iPay. This system will allow passengers to book tickets, pay for meals and services through IRCTC's website and mobile app. The system is developed by the IRCTC in partnership with three banks- the State Bank of India, the Union Bank of India and the Axis Bank.
Features of iPay
Here are some of the features of IRCTC's digital payment aggregator system - iPay:
1. Secure and faster payment method: iPay is a secure and faster payment method that eliminates the need for third-party payment gateways.
2. Multiple payment options: iPay offers multiple payment options, including credit card, debit card, UPI, and net banking.
3. User-friendly interface: The system has a user-friendly interface that makes it easy for users to navigate through the payment process.
4. Ease of use: iPay is integrated with IRCTC's e-ticketing website and mobile app, which makes it easy for users to make payments.
5. No transaction charges: The system is free of transaction charges, which means users can make payments without any additional cost.
6. Faster refunds: In case of any cancellations, refunds will be processed faster through iPay.
Benefits of iPay
Here are some of the benefits of using IRCTC's digital payment aggregator system - iPay:
1. Hassle-free payments: iPay provides a hassle-free payment experience to users, eliminating the need for multiple payment gateways.
2. Secure transactions: The system ensures secure transactions, keeping users' data safe.
3. Faster refunds: In case of any cancellations, refunds will be processed faster through iPay.
4. Multiple payment options: The system offers multiple payment options, making it easier for users to make payments.
Conclusion
IRCTC's digital payment aggregator system - iPay is a secure, faster and user-friendly payment method that offers multiple payment options. It is integrated with IRCTC's e-ticketing website and mobile app, making it easier for users to make payments. The system is free of transaction charges and provides faster refunds in case of any cancellations. Overall, iPay is a great initiative by IRCTC to provide a hassle-free payment experience to its users.
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The Indian Railway Catering and Tourism Corporation (IRCTC) launched its own digital payment aggregator system, ________.a)ePayb)RailPayc)EasyPayd)iPayCorrect answer is option 'D'. Can you explain this answer?
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